- Thu 22 Dec 2022
During the pandemic London was removed from the top search location for property for the first time and replaced by Cornwall, which emphasised the demand for space, the stunning Cornish coast and all round better quality of life.
The top search locations in 2022, according to the property website Rightmove, have been announced with London re-claiming the most searched for location and Cornwall moving back into second place. Devon remains in third place, although searches for both of our regions counties have reduced from their peak in 2021.
Bradleys Managing Director, Chris Baxter commented “We have noticed that the demand has levelled off for both Cornwall and Devon, although still remains very popular. If you look at the fact both counties are the most popular searched for locations outside of London, it highlights what a popular part of the country we live in. Buyer enquiries are now more localised than at this time in 2021, and as a result of the cooling in demand house prices will need to reflect this, although I would highlight each location differs from the next. As usual we always recommend obtaining a market appraisal from your local Bradleys office, who will be able to provide the expertise and a marketing strategy most suited for you home.”
With the festive period known for families coming together and plans being made for the New Year ahead, there will be a typical increase in property searches starting from Boxing Day and building each day into January and beyond.
Mortgage product rates have been lowering, which will help home movers fulfill their plans in addition to the stamp duty not payable up to the first £250,000 of any purchase and £425,000 for first time buyers, there is likely to a renewed demand from home buyers.
Bradleys Estate Agents have 30 offices across Cornwall, Devon and Somerset offering free market appraisals for both sales and lettings. Contact your local Bradleys Team to discuss your moving journey today.